You know that Siemens is one of the top European companies. Siemens has business in many fields and Siemens is particularly famous in home appliance. India is a very attractive place for foreign companies now-a-days. Siemens has a strong presence in India and Siemens wants to make its presence stronger.
Siemens is now contemplating on investment more in India. In fact, the company is contemplating on investing 100 million Euros in the next one year in India. Right now, nearly 18000 employees are working in this company in India. Siemens India has 17 companies and 18 manufacturing plants. I think that Siemens is taking the right decision. Indian market is still growing very rapidly. There is still a lot of room for growth here. This is indeed the best time to make the best out of Indian economy.
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